"Asia-Pacific Markets React to Nvidia, China Moves and Fed Minutes: Feb. 21 Market Wrap"

Chinese shares rallied as policymakers implemented measures to boost investor confidence, with Hong Kong-listed Chinese firms jumping 3.2% and the CSI 300 Index of mainland shares rising 1.8%. Property stocks led gains after Chinese banks increased funding support for the troubled sector, while the country’s two bourses pledged to tighten supervision of quantitative trading. In Asia, stocks dropped from Japan to South Korea and Australia, following a tech-led retreat on Wall Street. The focus is on chipmaker Nvidia Corp.’s earnings and the Federal Reserve’s latest policy meeting minutes due later Wednesday.